EGLD is slipping below the 0.618 retracement, eyeing the 65‑level resistance zone. Momentum is turning bearish as sellers dominate the 4‑hour chart.
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🔴 $EGLD SHORT 📉
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📍 Entry Range: $4.2547 – $4.2633
🛑 Stop Loss: $4.3868 (-3.0%)
🎯 TP1: $4.1951 (+1.5%)
🏆 TP2: $4.0461 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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A change of character broke the higher highs, and the fair value gap aligns with a fresh order block, creating a strong confluence. The price is now sitting inside the overlap, confirming the short bias. With a 1:1.7 reward‑to‑risk, the trade feels justified.
A 3.0% stop is relatively tight, so a max of 5x leverage keeps risk manageable.
Take partial profit at the first target around 1.7% gain.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #AIStocksWhatNext #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $EGLD SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $4.2547 – $4.2633
🛑 Stop Loss: $4.3868 (-3.0%)
🎯 TP1: $4.1951 (+1.5%)
🏆 TP2: $4.0461 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
A change of character broke the higher highs, and the fair value gap aligns with a fresh order block, creating a strong confluence. The price is now sitting inside the overlap, confirming the short bias. With a 1:1.7 reward‑to‑risk, the trade feels justified.
A 3.0% stop is relatively tight, so a max of 5x leverage keeps risk manageable.
Take partial profit at the first target around 1.7% gain.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #AIStocksWhatNext #TradingSignals #Write2Earn